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john hathaway & metals complex

  • Sat, Dec 21, 2013 - 09:36am

    #19

    davefairtex

    Status Diamond Member (Online)

    Joined: Sep 03 2008

    Posts: 3082

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    john hathaway & metals complex

Leanne-

I agree, awesome piece, well worth a complete read.

The only place I disagree with the man is about the whys of the gold decline; the entire metals commodity complex has been sold off during the past two years, not only gold.  But as for his advice and prediction of the future…I think, ignore this guy at your peril.

Here's a chart that shows what I mean.  "Metals Index" includes Copper, Aluminum, Iron Ore, Tin, Nickel, Zinc, Lead, and Uranium.  See how the metals index tanked prior to gold's move down?  But goldbugs imagine they're being singled out for the beatings.